KORIL-RDF Feasibility Project

The KORIL-RDF Feasibility Project is the entry track under the Korea-Israel Industrial R&D Foundation, a bilateral fund backed by Korea's Ministry of Trade, Industry & Energy and Israel's Ministry of Economy & Industry. It is aimed at private companies from Korea and Israel that want to test whether a shared project can move from idea to commercial plan. The program provides up to USD 100,000 for as long as 6 months at a 50% funding rate. Both companies must apply together, the work is limited to civilian technology, and submissions are accepted year-round on a rolling basis. The support is structured as a recoverable advance, repaid from commercial revenues if the product reaches market. The best fit is a paired company project that needs a short, disciplined feasibility phase before committing to a larger development effort. Applicants succeed when they can show a clear commercial question, a credible cross-border division of work, and enough market logic to justify later revenue repayment. The track is narrow by design, so speed, partner alignment, and a realistic scope matter more than breadth.

Each grant below is a distinct funding opportunity with its own eligibility, scope, and deliverables.